ROFR Thread April to June 2022 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[savvy101787]

Don't let it bother you! Pre-DVC I came to these boards and was greeted with a post that went something like this...

So my DH and I Love WDW and are so happy that we bought into DVC. We enjoy DCL too! Nothing beats the pool at VGF except maybe SAB at BCV. Was talking to a CM the other day about the deal at BLT and we decided that it was perfect for SAP! At $180PP we couldn't pass it up. We had a problem getting the points loaded to our UY so we called MS and who transferred us to MA. We also bought some OTUP for our upcoming trip. I wish they still had the FP though but now we rely on EMH at MK and AK. Oh well we can always go to DS for the day. Bring back the AP so I can link it to MDE!!! Can't wait for MNSSHP this year but hoping MCO isn't a nightmare. LMAO>>>

Took me like an hour to google what I was reading.

Have been there myself!

 

[Redheadprincess]

I’ve just seen on a Resale Blog on FB, that they are about to release some ‘new and exciting things’ about DVC resale perks. any idea what these could be? We are about to offer on another AKL contract (first one disney bought back) but conscious there’s new perks about to be released…

It is with the Dvcrentalstore.com and point swaps.

 

[arich35]

Is there anywhere that you are able to see recent contracts that were sold and the price? Bigger than what is shown here

 

[Cyberc1978]

It is with the Dvcrentalstore.com and point swaps.

I would hardly consider it something new and exciting, click bait is what it is.

Instead of owners getting cash for their points when they rent you basically get something else. Better of just renting for cash yourself.

 

[Ruttangel]

Wow did anyone see this recent listing, sadly gone now
AUL, $80pp with 302 banked points!!
https://vacatia.com/vacation-club-resales/disney-vacation-club-56713

 

[theMoreDisneytheBetter]

Wow did anyone see this recent listing, sadly gone now
AUL, $80pp with 302 banked points!!
https://vacatia.com/vacation-club-resales/disney-vacation-club-56713

I feel sorry for the seller. Feels like they were massively misled here on how to price this.

I wonder if somehow the buyer and the broker are not unknown to each other.

 

[Cyberc1978]

Wow did anyone see this recent listing, sadly gone now
AUL, $80pp with 302 banked points!!
https://vacatia.com/vacation-club-resales/disney-vacation-club-56713

There is still one left at $147 better hurry before it’s gone

 

[Ruttangel]

I feel sorry for the seller. Feels like they were massively misled here on how to price this.

I wonder if somehow the buyer and the broker are not unknown to each other.

I suppose you could say direct pricing was recently as low as $133 for 300 points so 40% lower than direct. That used to be about right for resale savings, just last 12 months have seen that number squeezed right down.

 

[GVLSoccerGuy]

I would hardly consider it something new and exciting, click bait is what it is.

Instead of owners getting cash for their points when they rent you basically get something else. Better of just renting for cash yourself.

I wouldn’t quite go there. There are advantages if the swap is appealing rather than simply cashing out and booking yourself. The biggest being the tax implications of not having to fill out a 1099 for cashing out.

 

[DVCBeachBum]

Do I have a problem if after I settle in for my coffee my new routine is to say “Whelp, lets go check what the ROFR monster ate last night?” And hop over here to read the latest? No? Just checking if I should seek help.

 

[BamaGuy44]

Do I have a problem if after I settle in for my coffee my new routine is to say “Whelp, lets go check what the ROFR monster ate last night?” And hop over here to read the latest? No? Just checking if I should seek help.

I think a lot of us would be in that therapy group. I have no plans to buy any points soon. but I love to keep up with this thread.

 

[sndral]

Is there anywhere that you are able to see recent contracts that were sold and the price? Bigger than what is shown here

DVC news reports on resale prices occasionally, the most recent was for March’s numbers. https://dvcnews.com/dvc-program/fin...yback-interest-at-2042-resorts-remains-strong
They rely on recorded deeds on the OC site. You can mine the OC site for the data yourself, but it’s a complicated procedure. Although you can use the deed document tax to get a total price, figuring out how much per point can be challenging since some deeds only list unit number & not the number of points. Here’s a link w/ how to do it https://www.disboards.com/threads/viewing-resales-on-oc-comptroller-website-and-rofr.3516339/

 

[Jgc014]

I wouldn’t quite go there. There are advantages if the swap is appealing rather than simply cashing out and booking yourself. The biggest being the tax implications of not having to fill out a 1099 for cashing out.

Without really looking into the specifics of this program, I don’t think this is true. Likely this is two separate transactions - just handled by one party. A taxable point rental, then the proceeds go towards paying for a new vacation.

Similar to if you did this yourself - taxable rental of your points to fund a non DVC vacation, and then book the vacation. The only difference I see is a third party is handling the logistics, which I guess could have value if you didn’t want to deal with it yourself.

 

[Mexacajun]

Do I have a problem if after I settle in for my coffee my new routine is to say “Whelp, lets go check what the ROFR monster ate last night?” And hop over here to read the latest? No? Just checking if I should seek help.

Do I have a problem if I check this thread 20 times a day?

 

[CalOilerGurl]

cruella4me64---$152-$40234-250-BCV-Jun-0/21, 167/22, 250/23, 250/24- sent 5/19, passed 6/14

Thank you again to all the posters for your informative views!

YAY! Beach Club! Great price too

 

[DVCBeachBum]

Possibly. But we can drive together to therapy and stop for coffee after

 

[GVLSoccerGuy]

Without really looking into the specifics of this program, I don’t think this is true. Likely this is two separate transactions - just handled by one party. A taxable point rental, then the proceeds go towards paying for a new vacation.

Similar to if you did this yourself - taxable rental of your points to fund a non DVC vacation, and then book the vacation. The only difference I see is a third party is handling the logistics, which I guess could have value if you didn’t want to deal with it yourself.

I’m just conveying what was communicated by the DVC Rental Store team. Because it is classified as a “swap” rather than a “sale” you don’t have to do a 1099. As long as your proceeds are less than the overall cost of the trip obviously.

 

[erinkristen04]

Do I have a problem if after I settle in for my coffee my new routine is to say “Whelp, lets go check what the ROFR monster ate last night?” And hop over here to read the latest? No? Just checking if I should seek help.

Me: “Hmm… yes… this could indicate a possible problem…”
Also me: (takes big sip of my coffee)

 

[HIRyeDVC]

Wow did anyone see this recent listing, sadly gone now
AUL, $80pp with 302 banked points!!
https://vacatia.com/vacation-club-resales/disney-vacation-club-56713

I thought I knew all the resale sites. Never knew about this one. I don’t think I would buy or sell through this company considering they only have a total of 4 DVC listings. WRT to the AUL listing for $80pp, I don’t think it’s an unreasonably low price if you consider the large contract size and the current market that is flooded with listings.

 

[Ruttangel]

I thought I knew all the resale sites. Never knew about this one. I don’t think I would buy or sell through this company considering they only have a total of 4 DVC listings. WRT to the AUL listing for $80pp, I don’t think it’s an unreasonably low price if you consider the large contract size and the current market that is flooded with listings.

Very well established broker used to be one of the ones DVC used to recommend with Fidelity.
I completely agree, I would still want to offer lower